Trillium Partners Advises Electric Word On The Acquisition Of Radcliffe Publishing
Trillium Partners Limited (Trillium), the independent corporate finance advisory firm, has advised Electric Word plc (Electric Word), the AIM-listed specialist information publisher, on the acquisition of Radcliffe Publishing Limited (Radcliffe). The transaction was completed on 23rd November, 2010.
Founded in 1987, Radcliffe is a UK-based specialist publisher focused on professional development and compliance in general practice and primary healthcare. It has established itself as the UK market leader, publishing a range of books, journals and training packages for this growing market.
Trillium specialises in M&A, financial restructuring and fund raising transactions and corporate finance advice. The firm has a core expertise in information products and digital media, providing support for clients as they undertake transactions to position themselves for sustainable future growth in digital revenues.
Trillium advised Electric Word on all aspects of the acquisition. In particular, Trillium: (a) facilitated and conducted bilateral and multi-party negotiations with various stakeholders including Electric Word, Radcliffe shareholders and their advisers; (b) coordinated the acquisition and due diligence process and communicated with Electric Word’s various other advisers, as well as with the sellers and their advisers; and (c) assisted Electric Word with modelling and valuation, and helped to explore funding options.
Julian Turner, Electric Word CEO, commented:
“Radcliffe is a respected specialist publisher with an outstanding reputation built over many years. We believe we can now create additional opportunities within Electric Word and we anticipate Radcliffe making a positive contribution to the group for many years to come. Trillium coordinated the acquisition process and the various parties involved extremely professionally, and ensured a timely and favourable outcome for Electric Word. We have worked with Trillium for a number of years, and greatly value their advice.”
Philip Mastriforte of Trillium added:
“Electric Word is an ambitious company looking significantly to grow its presence in a constantly evolving marketplace. We are pleased that Trillium has had the opportunity to assist Electric Word in an important transaction for the Group.”
About Trillium Partners
Trillium Partners is an independent mid-market firm that advises listed companies, private firms and financial sponsors on M&A and Private Capital raising transactions valued at £20 million to £500 million in the B2B Information Services and Events, Consumer Media, Learning and Development, and Marketing Services.
Over the last 30 years, we have advised our clients on a comprehensive array of transactions in the UK, Europe, USA and Asia, with an aggregate value in excess of £10 billion. Underpinned by deep sector knowledge and insight, our expertise extends from private acquisitions and disposals to public offers and raising capital from the private equity, family office, banking and alternative finance communities for working capital, business development, acquisitions and buy-outs.
For more information regarding this transaction, please contact Stephen Routledge or Philip Mastriforte on +44 (0)20 3008 8375